Plan Ledger DOL Form 5500 · updated monthly

Spur Energy Partners LLC401(k)

SPUR ENERGY PARTNERS LLC 401(K) PLAN · HOUSTON, TX · plan year 2024

Reported admin expense ratio · 2024
0.33%

Peer grade: B+ · admin costs + employer contributions vs same-size plans · how grading works

Spur Energy Partners LLC reported $40,988 in plan administrative expenses for 2024: 0.33% of average plan assets, above the peer median. Employer contributions averaged $7,243 per active participant. This ratio covers administrative expenses reported on the plan's Schedule H only; fund-level expense ratios are not included in public structured data — see methodology.

Across the 2 years on file its reported administrative ratio fell from 0.39% to 0.33%. The plan sits in the $10M–$50M size bracket, benchmarked here against 27,838 comparable plans and shown alongside other mining, oil & gas extraction employers. By assets it is the 2,550th-largest of 5,688 plans among Texas employers on file, and 371st of 612 in mining, oil & gas extraction. In 2024, employees put in $1.40 for every $1.00 the employer contributed.

Plan summary
Net assets, end of year$13,926,525
Participants with balances164
Active participants155
Employer contributions$1,122,687
Employee contributions$1,568,289
Employer contribution per active participant$7,243
Average account balance$84,918
Benefits paid to participants$1,490,625
Plan auditUnmodified (clean) audit opinion
Plan history3
Yearassets · accounts · employer contribution
2024$13.9M · 164 accts · $1.1M emplr
2023$11.0M · 168 accts · $1.1M emplr
2022$7.3M · 162 accts · $1.1M emplr
Administrative expenses, itemized · 2024
Recordkeeping & contract admin$4,189
Investment management$36,799
Total administrative$40,988
The Spur Energy Partners LLC 401(k) match · 2024
Employer contribution per active participant$7,243
Median for plans this size$2,416
2024$7,243 per active participant
2023$6,939 per active participant
2022$6,746 per active participant

Spur Energy Partners LLC's 2024 employer contribution ran above the $2,416 median for plans its size, placing it in the top quarter of its peers. Filings report dollars actually contributed, not the match formula; the formula itself (for example, 50% of the first 6% of pay) lives in the plan's summary plan description from HR.

What these fees cost you

Annual cost at the plan's reported 2024 administrative ratio, against the median plan its size; fund expense ratios are extra. Compare any plan.

Service providers · 20243
ADP, INC. · Loan processing · Recordkeeping$36,799
MERRILL LYNCH PIERCE FENNER & SMITH · Recordkeeping · Pension consulting$4,989
ADP BROKER-DEALER · Other servicesindirect comp

Compensation shown is direct payments from plan assets reported on Schedule C. Providers paid through fund revenue-sharing appear as indirect.

Recordkeeper by year2
2024ADP, Bank of America / Merrill
2023ADP, Bank of America / Merrill

Looking for an account from a past job here? How to find an old 401(k).

Administrative cost history3
2024$40,988 · 0.33%
2023$36,206 · 0.40%
2022$27,058 · 0.39%
Similar plansMining, Oil & Gas Extraction · Texas
Scandrill, Inc. TX$15.8M · 0.10%
Fleur de Lis Energy, L.L.C. TX$15.1M · 0.48%
Grayson Mill Operating, LLC TX$13.3M · 0.66%
Cyanco Holding Corporation TX$13.1M · 0.32%
Orion Pacific, Inc. TX$13.1M · 0.29%
Atlas Sand Company, LLC TX$13.0M · 0.47%

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Source: U.S. Department of Labor, Form 5500 series, EIN 833355741 · Verify on EFAST2 · Amounts are as reported by the plan sponsor for the plan year shown.